StanChart boosts CNH liquidity in European timezone

city-renminbi

Standard Chartered has passed 1 billion yuan in outstanding euro commercial paper (ECP) issuance, positioning the bank as the largest issuer of renminbi-denominated ECP out of London, it announced today.

This further develops London's quest to become an offshore renminbi (CNH) centre, and the scale of issuance illustrates the pace and momentum taking place in this market. It increases liquidity and leverages London's product capabilities and infrastructure.

Listed on Euroclear, the ECP bridges

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: